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The Hellenic Capital Market Commission (HCMC), in reply to questions submitted by supervised entities regarding the prohibition in par. 10 c) of the first article of the Legislative Act of the 18th July 2015 «Urgent restrictions on the transfer of capital and on cash withdrawals and amendments to laws number 4063/2012, 4172/2013,
4331/2015 και 4334/2015» (Official Gazette of the Greek Republic, number
84/18.7.2015, would like to clarify the following in addition to point e) of its announcement from 20/7/2015:
The cash settlement of transactions on securities traded on the Greek markets, effected by the Hellenic Central Securities Depository, will continue to be suspended. In addition, transfer of custody from a local to a foreign custodian in respect of securities traded on ATHEX, MTF EN.A., HDAT as well as on regulated markets and MTFs outside Greece, is not allowed.
